Prem Sikka
@premnsikka.bsky.social
Emeritus Professor of Accounting. Member, UK House of Lords.
If with all your effort and might you do not reach the mountain top that is not failure; failure is that you did not even try.
If with all your effort and might you do not reach the mountain top that is not failure; failure is that you did not even try.
The UK political system is corrupt.
Political donations enable corporations/rich to buy parties, hand consultancies to legislators.
Normal people are disillusioned, increasingly don't register to vote or vote.
How will the govt cleanse the system?
Watch the Minister's reply.
Political donations enable corporations/rich to buy parties, hand consultancies to legislators.
Normal people are disillusioned, increasingly don't register to vote or vote.
How will the govt cleanse the system?
Watch the Minister's reply.
November 20, 2025 at 4:27 PM
The UK political system is corrupt.
Political donations enable corporations/rich to buy parties, hand consultancies to legislators.
Normal people are disillusioned, increasingly don't register to vote or vote.
How will the govt cleanse the system?
Watch the Minister's reply.
Political donations enable corporations/rich to buy parties, hand consultancies to legislators.
Normal people are disillusioned, increasingly don't register to vote or vote.
How will the govt cleanse the system?
Watch the Minister's reply.
National Insurance Dodge
UK employers pay national insurance on employee/director wages.
That doesn't apply to profits (instead of wages) extracted by partners in partnerships.
Billions dodged. I asked the Minister whether that policy was wrong.
Watch how he dodges the question.
UK employers pay national insurance on employee/director wages.
That doesn't apply to profits (instead of wages) extracted by partners in partnerships.
Billions dodged. I asked the Minister whether that policy was wrong.
Watch how he dodges the question.
November 18, 2025 at 10:18 AM
National Insurance Dodge
UK employers pay national insurance on employee/director wages.
That doesn't apply to profits (instead of wages) extracted by partners in partnerships.
Billions dodged. I asked the Minister whether that policy was wrong.
Watch how he dodges the question.
UK employers pay national insurance on employee/director wages.
That doesn't apply to profits (instead of wages) extracted by partners in partnerships.
Billions dodged. I asked the Minister whether that policy was wrong.
Watch how he dodges the question.
Over the years social housing stock has been sold, real wages cut, profiteering unchecked, local council funding cut.
Liverpool has 12,764 households on its social housing waiting list. It has just five "additional social rent dwellings".
What is the govt doing?
Watch the Minister's reply.
Liverpool has 12,764 households on its social housing waiting list. It has just five "additional social rent dwellings".
What is the govt doing?
Watch the Minister's reply.
November 12, 2025 at 10:36 AM
Over the years social housing stock has been sold, real wages cut, profiteering unchecked, local council funding cut.
Liverpool has 12,764 households on its social housing waiting list. It has just five "additional social rent dwellings".
What is the govt doing?
Watch the Minister's reply.
Liverpool has 12,764 households on its social housing waiting list. It has just five "additional social rent dwellings".
What is the govt doing?
Watch the Minister's reply.
Workers generate wealth, CEOs take unfair share.
At Melrose, CEO to average worker pay ratio is 1,112
Tesco 375
Marks & Spencer 261
Associated British Foods 218
Sainsbury's 195
How will the Govt secure equitable distribution of income for workers, reduce poverty?
Watch the Minister's answer.
At Melrose, CEO to average worker pay ratio is 1,112
Tesco 375
Marks & Spencer 261
Associated British Foods 218
Sainsbury's 195
How will the Govt secure equitable distribution of income for workers, reduce poverty?
Watch the Minister's answer.
October 24, 2025 at 10:07 AM
Workers generate wealth, CEOs take unfair share.
At Melrose, CEO to average worker pay ratio is 1,112
Tesco 375
Marks & Spencer 261
Associated British Foods 218
Sainsbury's 195
How will the Govt secure equitable distribution of income for workers, reduce poverty?
Watch the Minister's answer.
At Melrose, CEO to average worker pay ratio is 1,112
Tesco 375
Marks & Spencer 261
Associated British Foods 218
Sainsbury's 195
How will the Govt secure equitable distribution of income for workers, reduce poverty?
Watch the Minister's answer.
Britons ripped off by the energy industry. No govt curbs profiteering.
Nationalise energy, reduce inflation, poverty, business costs, rebuild economy.
Nationalise energy, reduce inflation, poverty, business costs, rebuild economy.
October 1, 2025 at 7:10 AM
Britons ripped off by the energy industry. No govt curbs profiteering.
Nationalise energy, reduce inflation, poverty, business costs, rebuild economy.
Nationalise energy, reduce inflation, poverty, business costs, rebuild economy.
Graph provides glimpse of England's housing problems.
Social housing vanished. 2m council homes sold. 40% ended-up with private landlords, increasingly corporations.
Housing seen as investment, high private rents, more poverty & need for benefits.
www.resolutionfoundation.org/publications...
Social housing vanished. 2m council homes sold. 40% ended-up with private landlords, increasingly corporations.
Housing seen as investment, high private rents, more poverty & need for benefits.
www.resolutionfoundation.org/publications...
September 4, 2025 at 8:55 AM
Graph provides glimpse of England's housing problems.
Social housing vanished. 2m council homes sold. 40% ended-up with private landlords, increasingly corporations.
Housing seen as investment, high private rents, more poverty & need for benefits.
www.resolutionfoundation.org/publications...
Social housing vanished. 2m council homes sold. 40% ended-up with private landlords, increasingly corporations.
Housing seen as investment, high private rents, more poverty & need for benefits.
www.resolutionfoundation.org/publications...
Homelessness crisis in the UK.
Outcome of real wage/benefit cuts, never-ending austerity, sale of council homes, emasculation of local councils, lack of affordable/social housing, corporate profiteering, no rent controls, appeasing corporations/rich.
archive.ph/TV6JG
Outcome of real wage/benefit cuts, never-ending austerity, sale of council homes, emasculation of local councils, lack of affordable/social housing, corporate profiteering, no rent controls, appeasing corporations/rich.
archive.ph/TV6JG
September 3, 2025 at 9:04 AM
Homelessness crisis in the UK.
Outcome of real wage/benefit cuts, never-ending austerity, sale of council homes, emasculation of local councils, lack of affordable/social housing, corporate profiteering, no rent controls, appeasing corporations/rich.
archive.ph/TV6JG
Outcome of real wage/benefit cuts, never-ending austerity, sale of council homes, emasculation of local councils, lack of affordable/social housing, corporate profiteering, no rent controls, appeasing corporations/rich.
archive.ph/TV6JG
In 2023, UK tax to GDP ratio was 35.4; 45.8% for France, 41.9% for Denmark, 42.8% for Italy.
Graph doesn't show inequities. The UK's poorest 20% pay a higher proportion of income in taxes than the richest 20%.
Can't have European levels of welfare on USA levels of tax.
www.oecd.org/en/about/new...
Graph doesn't show inequities. The UK's poorest 20% pay a higher proportion of income in taxes than the richest 20%.
Can't have European levels of welfare on USA levels of tax.
www.oecd.org/en/about/new...
August 31, 2025 at 12:50 PM
In 2023, UK tax to GDP ratio was 35.4; 45.8% for France, 41.9% for Denmark, 42.8% for Italy.
Graph doesn't show inequities. The UK's poorest 20% pay a higher proportion of income in taxes than the richest 20%.
Can't have European levels of welfare on USA levels of tax.
www.oecd.org/en/about/new...
Graph doesn't show inequities. The UK's poorest 20% pay a higher proportion of income in taxes than the richest 20%.
Can't have European levels of welfare on USA levels of tax.
www.oecd.org/en/about/new...
61% of local govt money is spent on social care.
Social care privatized since the 1980s, mainly controlled by corporations and private equity, profit margins of up to 40%, leaves little for other services.
Poorest areas hardest hit.
Fund it from general taxation.
www.local.gov.uk/about/campai...
Social care privatized since the 1980s, mainly controlled by corporations and private equity, profit margins of up to 40%, leaves little for other services.
Poorest areas hardest hit.
Fund it from general taxation.
www.local.gov.uk/about/campai...
August 29, 2025 at 9:56 AM
61% of local govt money is spent on social care.
Social care privatized since the 1980s, mainly controlled by corporations and private equity, profit margins of up to 40%, leaves little for other services.
Poorest areas hardest hit.
Fund it from general taxation.
www.local.gov.uk/about/campai...
Social care privatized since the 1980s, mainly controlled by corporations and private equity, profit margins of up to 40%, leaves little for other services.
Poorest areas hardest hit.
Fund it from general taxation.
www.local.gov.uk/about/campai...
The UK electricity is already the most expensive in the world.
Price set to rise again in October as Ofgem's pricing formula lets companies rip people off.
Who protects the people?
Price set to rise again in October as Ofgem's pricing formula lets companies rip people off.
Who protects the people?
August 28, 2025 at 9:07 AM
The UK electricity is already the most expensive in the world.
Price set to rise again in October as Ofgem's pricing formula lets companies rip people off.
Who protects the people?
Price set to rise again in October as Ofgem's pricing formula lets companies rip people off.
Who protects the people?
The UK has the highest industrial electricity prices in Europe.
Upto 132% higher than the EU14 median. Five times more than in Finland.
Since 2020, UK's 20 largest energy companies have made £514bn operating profit, destroying businesses and households.
davidturver.substack.com/p/uk-industr...
Upto 132% higher than the EU14 median. Five times more than in Finland.
Since 2020, UK's 20 largest energy companies have made £514bn operating profit, destroying businesses and households.
davidturver.substack.com/p/uk-industr...
July 4, 2025 at 7:58 PM
The UK has the highest industrial electricity prices in Europe.
Upto 132% higher than the EU14 median. Five times more than in Finland.
Since 2020, UK's 20 largest energy companies have made £514bn operating profit, destroying businesses and households.
davidturver.substack.com/p/uk-industr...
Upto 132% higher than the EU14 median. Five times more than in Finland.
Since 2020, UK's 20 largest energy companies have made £514bn operating profit, destroying businesses and households.
davidturver.substack.com/p/uk-industr...
Illusions of Freedom
In 2020, UK Govt ordered schools in England not to use resources produced by organisations wanting to end capitalism.
So, students cannot easily study the history of the working class, trade unions, social rights and marginalised groups.
Watch the Minister's reply.
In 2020, UK Govt ordered schools in England not to use resources produced by organisations wanting to end capitalism.
So, students cannot easily study the history of the working class, trade unions, social rights and marginalised groups.
Watch the Minister's reply.
July 3, 2025 at 10:43 AM
Illusions of Freedom
In 2020, UK Govt ordered schools in England not to use resources produced by organisations wanting to end capitalism.
So, students cannot easily study the history of the working class, trade unions, social rights and marginalised groups.
Watch the Minister's reply.
In 2020, UK Govt ordered schools in England not to use resources produced by organisations wanting to end capitalism.
So, students cannot easily study the history of the working class, trade unions, social rights and marginalised groups.
Watch the Minister's reply.
All pensioners to get Winter Fuel Payment.
Tax codes to be adjusted to clawback WFP from pensioners with income above £35K.
How many more tax returns to be filed?
Some incomes don't appear on tax returns e.g. ISA interest. So, those with incomes above £35k will get WFP.
Watch Minister's reply.
Tax codes to be adjusted to clawback WFP from pensioners with income above £35K.
How many more tax returns to be filed?
Some incomes don't appear on tax returns e.g. ISA interest. So, those with incomes above £35k will get WFP.
Watch Minister's reply.
June 12, 2025 at 12:29 PM
All pensioners to get Winter Fuel Payment.
Tax codes to be adjusted to clawback WFP from pensioners with income above £35K.
How many more tax returns to be filed?
Some incomes don't appear on tax returns e.g. ISA interest. So, those with incomes above £35k will get WFP.
Watch Minister's reply.
Tax codes to be adjusted to clawback WFP from pensioners with income above £35K.
How many more tax returns to be filed?
Some incomes don't appear on tax returns e.g. ISA interest. So, those with incomes above £35k will get WFP.
Watch Minister's reply.
UK govt can raise £bns in tax revenues to reduce inequalities, redistribute wealth, cut taxes for low/middle income families and invest in social infrastructure.
One example: End National Insurance loopholes enjoyed by law/accountancy firms.
Watch the video- How do you rate the Minister's reply?
One example: End National Insurance loopholes enjoyed by law/accountancy firms.
Watch the video- How do you rate the Minister's reply?
June 11, 2025 at 8:10 AM
UK govt can raise £bns in tax revenues to reduce inequalities, redistribute wealth, cut taxes for low/middle income families and invest in social infrastructure.
One example: End National Insurance loopholes enjoyed by law/accountancy firms.
Watch the video- How do you rate the Minister's reply?
One example: End National Insurance loopholes enjoyed by law/accountancy firms.
Watch the video- How do you rate the Minister's reply?
Trump fascism stirs brain drain as researchers shun the US.
History repeats itself?
In the 1930s Albert Einstein and what became known as the Frankfurt School researchers fled Nazi Germany after crackdown on intellectuals.
Trump doing the same. Oblivious to the long term costs.
archive.ph/4Cbka
History repeats itself?
In the 1930s Albert Einstein and what became known as the Frankfurt School researchers fled Nazi Germany after crackdown on intellectuals.
Trump doing the same. Oblivious to the long term costs.
archive.ph/4Cbka
May 28, 2025 at 9:33 AM
Trump fascism stirs brain drain as researchers shun the US.
History repeats itself?
In the 1930s Albert Einstein and what became known as the Frankfurt School researchers fled Nazi Germany after crackdown on intellectuals.
Trump doing the same. Oblivious to the long term costs.
archive.ph/4Cbka
History repeats itself?
In the 1930s Albert Einstein and what became known as the Frankfurt School researchers fled Nazi Germany after crackdown on intellectuals.
Trump doing the same. Oblivious to the long term costs.
archive.ph/4Cbka
The number of English households living in temporary accommodation more than doubled between 2010 and 2023.
Poverty and homelessness is a political preference for austerity, low wages/benefits, unchecked profiteering.
Poverty and homelessness is a political preference for austerity, low wages/benefits, unchecked profiteering.
December 24, 2024 at 11:26 AM
The number of English households living in temporary accommodation more than doubled between 2010 and 2023.
Poverty and homelessness is a political preference for austerity, low wages/benefits, unchecked profiteering.
Poverty and homelessness is a political preference for austerity, low wages/benefits, unchecked profiteering.
Profiteering by energy companies increases poverty, business costs and deindustrialisation of the UK.
High energy costs destroyed steel, shipbuilding, engineering and more.
Can't revive the economy without reducing the cost of essentials - public ownership, not-for-profits.
December 3, 2024 at 10:01 AM
Profiteering by energy companies increases poverty, business costs and deindustrialisation of the UK.
High energy costs destroyed steel, shipbuilding, engineering and more.
Can't revive the economy without reducing the cost of essentials - public ownership, not-for-profits.